ŠUPUT: SRPSKA'S BORROWING ON INTERNATIONAL MARKET IS CONFIRMATION OF STABILITY OF DOMESTIC SYSTEM

BANJA LUKA, MARCH 27 /SRNA/ - The Director of the Republika Srpska Banking Agency Srđan Šuput stated that yesterday’s borrowing by Republika Srpska on the international capital market, carried out on the London Stock Exchange, represents a significant financial success and a confirmation of the stability of the domestic system.

Commenting on the issuance of Eurobonds amounting to 500 million Euros, Šuput told SRNA that this is the result of months of work by Republika Srpska's institutions, with particularly strong interest from international investors.

"This is a major result of the efforts carried out over the past several months by the Government of Republika Srpska, the Ministry of Finance of Republika Srpska, and President Milorad Dodik," Šuput said.

He emphasized that it confirms the strong and positive credit potential of Republika Srpska and the stability of its financial system.

"Accessing the international market amid very challenging global crises, with interest from American and other international investors that was three times higher than the offer, confirms that we have secured stable finances and guaranteed economic growth," Šuput explained.

He emphasized that the strong investor interest, which significantly exceeded the offered amount, is one of the key indicators of confidence in Republika Srpska’s financial system and its institutions.

The borrowing on the London Stock Exchange was carried out under conditions of increased uncertainty in global financial markets, which further underscores the significance of this financial move and its impact on the stability and future development of Republika Srpska.